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Book Chapter

Exploration Strategy

By
S. D. Kerr
S. D. Kerr
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Published:
January 01, 1982

Abstract

Hydrocarbons have been sought in North America for over 120 years. After such a long period of exploration, one might expect that little remains to stimulate further search. The fact is that surprisingly few areas have been totally depleted and abandoned; old areas are being continually reworked and new fields are being discovered in the established provinces. The thrust of new exploration is maintained by the presence of large areas underlain by prospective rocks which have received little or no attention in the past and by the search for new pay horizons, usually deeper, in established producing areas. Thus, the areal extent of oil and gas production, as well as the number of producing wells, is continually increasing. It is important to point out, however, that the average production per well has been declining over a long period because of a decrease in the size of the fields being discovered.

The intensity of hydrocarbon exploration has been cyclic. Prosperous times of increased demand and availability of capital have seen high levels of exploration activity, whereas periods of economic downturn have seen a corresponding decline. With each new cycle, economic incentives coupled with the demand for more petroleum have caused corresponding increases in technical capability for exploration.

Technical improvements have motivated and provided for an extension of exploration programs within both established and newer areas. Today, with the tremendous increase in pressure to meet demands for oil and gas, we are seeing advances in technology beyond those of any previous time

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Contents

Concepts and Techniques in Oil and Gas Exploration

Kamal C. Jain
Kamal C. Jain
Venex Corporation Houston, TX
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Rui J. P. deFigueiredo
Rui J. P. deFigueiredo
Rice University Houston, TX
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Society of Exploration Geophysicists
ISBN electronic:
9781560802778
Publication date:
January 01, 1982

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